EIoT has a great deal of potential: It can enable retailers to increase cost efficiencies, improve the overall customer experience, increase brand loyalty and revenues. However, there remains some fundamental EIoT issues, including privacy and security that must be resolved before EIoT can become mainstream.
Retail continues to top the list of industries with the highest EIoT potential.
– 70% of retail decision makers are ready to invest in the EIoT
– 80% of worldwide retailers feel that IoT will have a dramatic effect on consumer products over the next three years.
Steve Hashman whom is the Director of Marketing at Exponential Solutions (The CUBE) has sent us this infographic to check out..